June 4 Ace Discount Retail Company purchased $9,000 of merchandise, terms n/30 from A1 Supply Company. The cost of the merchandise was $6,300. 12 12 Ace Discount Retail returned $500 of goods to A1 Supply for full credit. The goods had a cost of $350 to A1 Supply. Ace Discount Retail paid the account in full. Assume use of the perpetual inventory system for both companies. (a) Prepare the journal entries to record these transactions in Ace Discount Retails's records. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record entries in the order displayed in the problem statement. List all debit entries before credit entries.) Date Account Titles and Explanation June 4 (To record return of goods) (To record payment) Debit Credit